Fee Payment Agreement Template for Hong Kong

1. Service Level Requirements: Include when payment is contingent on meeting specific service levels or performance criteria

2. Security and Guarantees: Include when additional security or guarantees are required for payment obligations

3. Force Majeure: Include when parties want to address circumstances that may prevent payment due to events beyond their control

4. Confidentiality: Include when the payment terms or underlying transaction involves sensitive information

5. Dispute Resolution: Include when parties want specific dispute resolution procedures beyond court jurisdiction

6. Assignment: Include when parties want to specifically address the ability to transfer payment rights or obligations

7. Electronic Payment Terms: Include when payments will be made electronically, specifying technical requirements and procedures

1. Payment Schedule: Detailed breakdown of payment amounts, dates, and installments if applicable

2. Fee Calculation Method: Detailed methodology for calculating variable fees or adjustments

3. Bank Account Details: Specific banking information for making payments

4. Service Description: Details of services or deliverables linked to the fee payments

5. Late Payment Interest Calculation: Detailed method for calculating interest on late payments

6. Contact Details: List of key contacts for payment-related communications and escalations